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Cobbetts seals Cairo tie-up as firm aims to grow international reach
Cobbetts has struck up an association with Egyptian law firm El Said Darwish & Partners in the first stage of the firm's plan to build up an international network. At the end of last year the national firm set up a Swiss Verein structure, named Cob...
09 Feb 2010 | 16:06
Ropes & Gray adds fifth partner in the City with Freshfields hire
Ropes & Gray has boosted its City banking capability with the hire of a new partner from Freshfields Bruckhaus Deringer. Matthew Cox, who was a counsel at Freshfields, joins the partnership at the US outfit, bringing with him a broad finance practi...
09 Feb 2010 | 15:30
Lovells sees retention rates rise with 81% of March intake kept on
Lovells has retained 81% of its March intake of newly-qualified lawyers, with 26 of 32 applicants winning jobs at the City firm. The news marks a significant increase on September 2009's retention rate of 69%, when 36 trainees from a qualifying int...
09 Feb 2010 | 12:50
Willkie Farr posts falling financials for second consecutive year
Willkie Farr & Gallager has seen revenue, profits, and productivity fall for the second year in a row, reports The Am Law Daily. The US firm announced on Friday (5 February) that gross revenues fell by 5.8% to $549.5m (£353m) in 2009, following a ...
09 Feb 2010 | 12:26
Halliwells partner quits Manchester base as firm launches planning team
Halliwells is set to lose a partner in Manchester with the resignation of healthcare specialist Christopher Briggs, while the firm has also announced the launch of a planning team in Sheffield. Briggs handed in his notice yesterday (8 February) alo...
09 Feb 2010 | 11:54
ACC allows law firms access to controversial client reviews
Outside counsel can now see what their in-house clients think of their job performance, according to the Association of Corporate Counsel's (ACC's) new law firm rating system. The ACC launched its 'value index' in October as part of its Value Chall...
09 Feb 2010 | 11:03
Simmons finance partner makes switch to K&L Gates in the City
K&L Gates has made its second lateral partner hire in as many weeks with the addition of finance lawyer Stephen Moller from Simmons & Simmons. Moller, who joined Simmons in 1994 and made partner in 1998, has a structured finance and banking practic...
09 Feb 2010 | 09:26
Lovells and Hogan reveal members of top-level management team
Lovells and Hogan & Hartson have finalised their top-level management team, naming the international management committee that will drive the combined firm's strategy. Joint chief executives David Harris and Warren Gorrell will lead the Hogan Lovel...
08 Feb 2010 | 14:35
Top lawyer at UBS leaves for private practice
UBS's head of legal has quit the Swiss banking giant to join a Zurich firm founded by a former banker, reports The Am Law Daily. Bernhard Schmid has joined Kuoni Attorneys at Law as a partner and will help the firm increase its work advising banks....
08 Feb 2010 | 14:30
Linklaters and A&O take headline roles as BAE settles bribery case
Linklaters and Allen & Overy (A&O) have taken key roles steering BAE Systems through the high-profile corruption case that saw the defence group on Friday (5 February) agree to pay fines totalling more than $400m (£250m). BAE's agreement with the ...
08 Feb 2010 | 14:17
Unilever names former Linklaters lawyer as new legal chief
Unilever has appointed Tonia Lovell as its new chief legal officer and group secretary, replacing longstanding legal head Steve Williams. Williams will step down at the end of the year after 24 years at the company in a variety of roles.
08 Feb 2010 | 12:02
Barlows overhauls partner pay system with new merit-based focus
Barlow Lyde & Gilbert (BLG) is to ditch its modified lockstep in favour of a merit-based pay system for the firm's partners. The overhaul will also affect associate salaries as the firm becomes the latest to move away a salary model based solely on...
08 Feb 2010 | 11:12
Japanese insurance giant appoints first Europe GC to lead panel review
Mitsui Sumitomo Insurance Group has appointed David Casement into the newly-created role of European general counsel. Casement, the former general counsel at Chubb Europe's commercial lines department, joined the Japanese insurance giant last month...
08 Feb 2010 | 10:52
A&O set to launch in Australia with partner hires: comment and reaction
Allen & Overy (A&O) is set to enter Australia after hiring 17 new partners to open new offices in Sydney and Perth. Fourteen of the partners join from Australian firm Clayton Utz, which announced today (8 February) that the partners had tendered th...
08 Feb 2010 | 09:16
DLA Piper accounts reveal 80% increase in net debt to £53m
DLA Piper has seen its net debt grow by 80% to £53m, the firm's limited liability partnership (LLP) filings have revealed. During the 2008-09 financial year the firm swapped its short-term overdraft facility for term debt facilities committed for ...
05 Feb 2010 | 15:44
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